G R Infraprojects Limited has informed the Exchange about Appointment of Additional Director of the Company.
GRINFRA · price
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G R Infraprojects Limited held its Board meeting on 11th May 2026, approving several key items. Mr. Ashwin Agarwal (DIN: 09619055) has been appointed as an Additional Director designated as Whole Time Director for 5 years, effective immediately, subject to shareholder approval at the ensuing AGM. Mr. Ajendra Kumar Agarwal was elevated to Chairman in addition to his Managing Director role. Mr. Rajan Malhotra is being reappointed as Independent Director for a second 5-year term from May 2027, subject to shareholder approval. Mr. Desh Raj Dogra ceased as Independent Director upon completion of his two terms. For FY2026, standalone revenue from operations stood at Rs. 7,62,021.73 lakhs with profit after tax of Rs. 99,605.62 lakhs, compared to Rs. 6,31,556.78 lakhs and Rs. 80,660.69 lakhs respectively in FY2025 - representing approximately 24% growth in PAT.
The appointment of Mr. Ashwin Agarwal as Whole Time Director expands the board and management depth. The strong financial results showing 24% PAT growth are positive signals. The elevation of Mr. Ajendra Kumar Agarwal as Chairman consolidates leadership. No immediate negative impact expected from the director changes.